HIMS Signs 11 Billion KRW OLED Display Equipment Supply Contract Equivalent to 18.6% of Annual Revenue Driving Growth Outlook
HIMS has entered into a contract with Guangzhou China Star Optoelectronics Printing Display Technology for the supply of OLED display equipment worth 11,043,192,000 KRW.
The contract amount represents 18.6% of the company's 2025 revenue and is scheduled for delivery from July 20 to November 12 2026.
Payment terms are 90% L/C after shipment 5% after inspection and 5% after the two-year warranty period.
[AI Summary]This contract secures a significant revenue stream for HIMS with a high contribution to annual sales and favorable payment terms. Investors should monitor execution and follow-up orders for sustained growth.